A gazdaság védelmében, mindannyiunk érdekében.
4. Supervisory functions - The competence of the HFIU as a supervisory authority


On the basis of the AML/CFT Act the HFIU carries out AML/CFT supervision above service providers having no state and professional supervision.
Service providers under HFIU supervision:
  • real estate agents;
  • accountants;
  • tax advisors, tax consultants.
The HFIU, as supervisory body, ensures the compliance of service providers with the provisions of the AML/CFT Act by its supervisory activity. The HFIU shall carry out its supervisory functions in nationwide jurisdiction in accordance with Act CXL of 2004 on the General Rules of Administrative Proceedings and Services (APS Act).

Internal rules

To perform the obligatory tasks determined by the AML/CFT Act, service providers are required to prepare internal rules within 90 days after starting their functioning and to present them for approval to the HFIU provided that they begin their functioning after the new AML/CFT Act entered into force (15 December 2007).
Service providers already operating at the time when the AML/CFT Act entered into force were required to redraft their internal rules within 90 days from entering into force in order to comply with the provisions of the AML/CFT Act. The redrafted internal rules shall be not presented for approval to the HFIU.
According to the provisions of AML/CFT Act the HFIU provided model rules as non-binding recommendations for the service providers subject to the supervision of the HFIU. These model rules are published on this website.

Designated person

Service providers are required to designate, depending on the structure of the service provider, one or more persons (designated person), who forwards without delay the suspicious transaction report (STR) received from the executive officers, employees of service providers and their contributing family members in the event of noticing any information, fact or circumstance indicating money laundering or terrorist financing.
Service providers are required to notify the HFIU about the name and the position of the designated person, and any subsequent changes therein.